Dear friends please tell me about following:
1.Difference between <Parent Currency> and <Parent> in value dimension and its significance.
2.Difference between <Parent Currency Adjs.> and <Parent Adjs.> in value dimension and its significance.
Edited by: mayanka bhusan on Jun 17, 2010 10:08 PM
When you have an entity which contributes to two or more parent entities, you can specify if an adjustment applies and contributes to all parent entities or the selected entity.
1. Create the adjustment to <Parent Curr Adjs> and the adjustment value contributes to all parents.
2. Create the adjustment to [Parent Adjs] and you can select which parent entity you want the adjustment value to contribute to.
<Parent Currency> is where the translation happens.
<Parent Curr Total> is the total of the translated value plus any adjustments applying to all parents -i.e. <Parent Curr Adjs>
[Parent] simply carries the <Parent Curr Total> numbers to the next level of the value hierarchy
[Parent Total] is the total of the previous level plus any adjustments applying to the specified parent -i.e. [Parent Adjs]
The brackets have a meaning that helps you make the difference between <parent currency> and [parent].
<> means that the value is related to the entity, the data is shared by all parents of this entity.
 means that the value is specific to this parent/child "node" and is not shared by other parents during consolidation.
Keep that in mind when you choose to make a journal on <parent curr adjs> or [parent adjs].